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A person's schooling years are a formative time for cognitive development, and also a period of intense social interaction and friendship formation. In this paper, we estimate the production of social capital during adolescence and its effect on wages. We develop a model where homophily and...
Persistent link: https://www.econbiz.de/10012481531
Persistent link: https://www.econbiz.de/10012240698
A person’s schooling years are a formative time for cognitive development, and also a period of intense social interaction and friendship formation. In this paper, we estimate the production of social capital during adolescence and its effect on wages. We develop a model where homophily and...
Persistent link: https://www.econbiz.de/10013297486